Big Rapids charter township, MI is an attractive area to live in since it offers a reasonable cost of living. The rent for two bedrooms is $850 per month, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index (93) is much lower than in the US (100). This makes Big Rapids charter township an ideal place to live if you are looking for a reasonably priced area with plenty to do. Local companies here include Ferris State University, Spectrum Health Big Rapids Hospital and GVSU Applied Technology Center. There are also plenty of attractions such as Hemlock Park, Riverwalk Theatre and Amble Road Disc Golf Course.
Big Rapids charter has an unemployment rate of 7.0%. The US average is 6.0%.
Big Rapids charter has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Big Rapids charter
- The Sales Tax Rate for Big Rapids charter is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Big Rapids charter is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Big Rapids charter
- The average income of a Big Rapids charter resident is $30,925 a year. The US average is $37,638 a year.
- The Median household income of a Big Rapids charter resident is $41,667 a year. The US average is $69,021 a year.